CC hires HK partner for China office

Clifford Chance in Shanghai is taking on a partner from the Hong Kong office of US firm Pillsbury Winthrop as part of its China office push

Steven Xiang will join the firm in the next few months. He will focus on investment and financing transactions for Asian companies, as well as advising venture capital houses and private investment funds.
In November, Clifford Chance decided to align its Asian focus, putting more emphasis on China. It relocated two partners – Stephen Harder and Peiji Gao – from Hong Kong.
However, in February it lost the co-head of its global China practice Sabine Stricker-Kellerer, who was based in Munich, over a dispute on strategy.
Her departure was followed by the loss of the former head of Beijing and Shanghai Joachim Glatter, who joined the Frankfurt-based China desk of Wessing.